Fuel deal secured as Albanese heads to Singapore amid supply crisis
Emergency Agreement to Boost Fuel Imports Prime Minister Anthony Albanese has announced an extraordinary agreement to increase Australia’s fuel supply as global markets remain volatile following the Iran conflict. Speaking from the Ampol Lytton Refinery
Travellers warned to expect more disruptions in coming months
Source: ABCnews Australian air travellers have been warned to expect more disruptions over the next 12 months, as the industry scrambles to fill critical worker shortages ahead of the July school holidays. It’s been a
Australia’s ski resorts celebrate snowfall by opening early
Source: 9news Ski resorts in Australia’s alpine regions are kicking off the winter season early after a polar front brought heavy snow and icy temperatures to the country’s south-east. It’s been a lean couple years
Why does this iceberg lettuce cost $11.99 and how long will Australia’s high vegetable prices last?
Source: The Guardian A Queensland shopper this week spotted iceberg lettuce selling at a supermarket for $11.99. The photo quickly went viral as evidence of the cost-of-living pressures Australians are facing. Iceberg lettuce previously cost
Dangerous Precedents And Hypothetical Threats: The Deportation Of Novak Djokovic
Australia’s treatment of Novak Djokovic, the tennis world number one, has been revelatory. Unintentionally, this has exposed the seedier, arbitrary and inconsistent nature of Australia’s border policies. The approval by the Australian Federal Court of
Government commits to expanding electric vehicle charging stations but no subsidies to increase uptake
Source: ABCnews The federal government will partner with the private sector to fund 50,000 charging stations in Australian homes, in a bid to encourage more people to buy electric vehicles. The long-awaited Future Fuels strategy does
18,000 overseas Aussies could have their tickets home torn up, thanks to new caps on returning travelers
Source: Business Insider Australia • The federal government’s decision to halve the number of incoming travellers from 6,070 to 3,035 a week could see 18,000 overseas Australians lose their seats by the end of August.
Greece’s political crisis intensifies amid scandal storm
A society at boiling point amid daily scandals and misuse of public funds – growing calls for immediate elections, as the public dismisses manipulated polling Greek society is increasingly on edge, with daily scandals and the alleged misuse of public funds fuelling public anger. Greece’s political crisis intensifies amid scandal
Cyprus: Turkey’s drilling bid violates international law
Cyprus’ foreign ministry says Turkey’s bid to drill for natural gas in waters where the island nation has exclusive economic rights is a “flagrant violation” of its sovereignty under international law. The ministry in a
How ancient Greek vases were made
From the Neolithic period onwards, the ancient Greeks made pots in a variety of different styles. The most characteristic styles of pottery being black-figure and red-figure. In black-figure, the figures are painted using a slip
Tsipras tells Cretans he will seek WWII reparations from Germany
Prime Minister Alexis Tsipras on a campaign stop in Anogeia, Crete today touted his intention to seek German WWII reparation after a parliamentary resolution authorised the government to do so. «After many years, the road
Lies and responsibilities
From the first hours of last summer’s disastrous wilfire in Mati the weaknesses of crumbling state services, a lack of coordination, and the absence of even rudimentary emergency plans were glaring. One witnessed in amazement
Revolution! Modern art exhibition at the archaeological site of Delos
An unprecedented exhibition by British sculptor Antony Gormley at the archaeological site of Delos. 29 iron “bodyforms” have been scattered among the ancient columns and stones of what it once was the holy sanctuary for
Crafting a regional policy to contain Erdoğan
Turkey poses a long-term threat to the security of the Middle East. Containing Neo-Ottomanism requires a defensive policy that integrates Greece, Cyprus, Israel, and theKurds into a regional alliance. A new era has dawned in
The Battle of the Strait of Hormuz
For the past few hours, amid a howling south-westerly wind (gusts exceeding 50 mph), reflecting on the The Battle of the Strait of Hormuz and practical realities of the United States attempting to blockade all maritime traffic to and from Iranian ports. Admiral James Stavridis, a familiar “authoritative voice” within
Japan did not invite Israel to the U.S. nuclear bombing commemoration
The mayor of Nagasaki, not only dismissed the invitation of the ambassador of Israel but invited the ambassador of Palestine instead. The well-known professional democrats from the G7 and EU threatened him and in the
Megaquake warning issued for Nankai Trough in Japan
A powerful earthquake struck off Japan’s southern coast on Thursday, causing minor injuries and prompting concerns about future major quakes, particularly from the Nankai Trough. The quake, which registered a magnitude of 7.1, was centered
Yahya Sinwar: New leader of Hamas – Hardliner and fluent in Hebrew
Hamas announced on Tuesday night that Yahya Sinwar is the new leader of the Islamist movement, following the assassination of Ismail Haniyeh in Tehran on July 31. Earlier today, the Saudi news television network Al
Tim Walz: Veteran military man chosen by Kamala Harris as Vice Presidential candidate
Kamala Harris, the Democratic presidential nominee, has selected Tim Walz as her vice-presidential running mate, a decision that surprised some observers. At 60, Walz has held various roles as a former teacher, coach, and military
“Drums of war” in the Middle East: Awaiting Iran’s retaliation – Israel on high alert
The Middle East appears ready to explode as the war atmosphere intensifies just hours after the U.S. declared that Tehran might attack Israel within the next 24 hours. All eyes are on Iran and the
Stock markets around the world are crashing right now, but why?
The answer to this question is the Yen carry trade, a term you’ll probably hear many times this week. So what exactly is the Yen carry trade and why did it cause a market downturn?
